News & Analysis

The completion of a long-awaited Pacific trade deal may still be a ways off, international officials say, so long as U.S. legislators continue to delay key trade legislation that would make the deal possible.

The American business climate is “improving” and will continue to improve in 2015 as the U.S. economy grows at a faster pace, but it’s not time for a “victory lap,” U.S. Chamber of Commerce President and CEO Thomas J. Donohue said.

Staying on top of the evolving regulatory and customs environment was a key areas forwarders and NVOCCs needed to focus on as they expand their business across Asia, delegates at a TPM Asia panel heard today.

A recommendation from a government panel that antitrust exemptions for liner shipping in Australia be rolled back came under heavy criticism from shipping interests who say the proposals are naive and unworkable and would lead smaller carriers to exit the market.

A statutory review of Canada Transportation Act dovetails with the country’s recent success in negotiating free trade agreements with the European Union and South Korea, Canadian Transport Minister Lisa Raitt told port officials.